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Currency

Spot/Next or S/N roll

When a spot settlement value date is moved forward to the next valid date, it impacts the profit or loss on an overnight position. This is known as a rollover, and it involves calculating the forward points, which represent the difference in interest rates between the currencies involved. This process is crucial in managing risks and maximizing gains in the ever-changing world of finance.

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Understand the meaning and definition of Hedge in the context of stock market, trading, and investments.

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Understand the meaning and definition of Interest rate Carry in the context of stock market, trading, and investments.

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Closing market rate

Understand the meaning and definition of Closing market rate in the context of stock market, trading, and investments.

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Forward

Understand the meaning and definition of Forward in the context of stock market, trading, and investments.

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Dollar

Understand the meaning and definition of Dollar in the context of stock market, trading, and investments.

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